Cathay Other Stockholder Equity vs Net Receivables Analysis

CATY Stock  USD 52.01  0.30  0.57%   
Cathay General financial indicator trend analysis is way more than just evaluating Cathay General Bancorp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cathay General Bancorp is a good investment. Please check the relationship between Cathay General Other Stockholder Equity and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay General Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Other Stockholder Equity vs Net Receivables

Other Stockholder Equity vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cathay General Bancorp Other Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cathay General's Other Stockholder Equity and Net Receivables is -0.24. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Cathay General Bancorp, assuming nothing else is changed. The correlation between historical values of Cathay General's Other Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Cathay General Bancorp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Other Stockholder Equity i.e., Cathay General's Other Stockholder Equity and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.24
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Stockholder Equity

Net Receivables

Most indicators from Cathay General's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cathay General Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cathay General Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Cathay General's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 82.9 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 3.6 M in 2024.
 2021 2022 2023 2024 (projected)
Operating Income381.8M590.1M537.1M563.9M
Other Operating Expenses270.5M6.9M247.0M259.4M

Cathay General fundamental ratios Correlations

0.430.540.860.370.250.42-0.15-0.220.350.630.120.860.210.190.550.56-0.090.440.920.960.130.270.110.880.57
0.430.990.670.440.980.080.610.480.120.390.930.060.540.83-0.230.460.59-0.30.680.660.90.980.130.770.64
0.540.990.730.460.940.120.590.460.140.40.880.20.530.83-0.160.50.53-0.230.760.750.850.950.140.840.64
0.860.670.730.460.530.210.02-0.070.480.650.410.560.210.390.090.510.04-0.020.920.930.370.540.150.90.71
0.370.440.460.460.44-0.180.230.12-0.130.20.390.190.640.4-0.020.80.27-0.10.480.450.470.4-0.150.480.36
0.250.980.940.530.44-0.040.70.560.020.280.97-0.130.540.86-0.380.390.67-0.420.540.510.941.00.090.640.59
0.420.080.120.21-0.18-0.04-0.10.0-0.04-0.080.010.460.26-0.010.530.370.180.560.350.370.080.00.460.35-0.25
-0.150.610.590.020.230.7-0.10.97-0.36-0.340.79-0.340.550.92-0.460.170.7-0.430.160.080.720.690.250.250.09
-0.220.480.46-0.070.120.560.00.97-0.38-0.530.7-0.360.520.85-0.450.120.65-0.40.07-0.010.610.560.430.15-0.11
0.350.120.140.48-0.130.02-0.04-0.36-0.380.46-0.050.23-0.17-0.14-0.04-0.09-0.35-0.120.280.33-0.10.030.170.280.34
0.630.390.40.650.20.28-0.08-0.34-0.530.460.050.45-0.16-0.050.260.17-0.190.130.560.620.110.29-0.430.550.87
0.120.930.880.410.390.970.010.790.7-0.050.05-0.240.630.89-0.440.370.75-0.460.440.40.960.960.250.550.39
0.860.060.20.560.19-0.130.46-0.34-0.360.230.45-0.240.04-0.060.740.44-0.350.660.640.71-0.19-0.1-0.040.590.24
0.210.540.530.210.640.540.260.550.52-0.17-0.160.630.040.630.050.770.710.030.390.360.710.520.260.470.04
0.190.830.830.390.40.86-0.010.920.85-0.14-0.050.89-0.060.63-0.370.380.67-0.390.480.430.830.850.260.570.34
0.55-0.23-0.160.09-0.02-0.380.53-0.46-0.45-0.040.26-0.440.740.05-0.370.33-0.30.990.310.37-0.3-0.34-0.120.280.0
0.560.460.50.510.80.390.370.170.12-0.090.170.370.440.770.380.330.340.260.620.610.510.390.060.640.23
-0.090.590.530.040.270.670.180.70.65-0.35-0.190.75-0.350.710.67-0.30.34-0.290.190.140.770.640.240.260.08
0.44-0.3-0.23-0.02-0.1-0.420.56-0.43-0.4-0.120.13-0.460.660.03-0.390.990.26-0.290.210.26-0.33-0.39-0.070.18-0.13
0.920.680.760.920.480.540.350.160.070.280.560.440.640.390.480.310.620.190.210.990.440.560.20.980.67
0.960.660.750.930.450.510.370.08-0.010.330.620.40.710.360.430.370.610.140.260.990.40.530.170.970.67
0.130.90.850.370.470.940.080.720.61-0.10.110.96-0.190.710.83-0.30.510.77-0.330.440.40.940.080.560.41
0.270.980.950.540.41.00.00.690.560.030.290.96-0.10.520.85-0.340.390.64-0.390.560.530.940.10.660.59
0.110.130.140.15-0.150.090.460.250.430.17-0.430.25-0.040.260.26-0.120.060.24-0.070.20.170.080.10.16-0.33
0.880.770.840.90.480.640.350.250.150.280.550.550.590.470.570.280.640.260.180.980.970.560.660.160.68
0.570.640.640.710.360.59-0.250.09-0.110.340.870.390.240.040.340.00.230.08-0.130.670.670.410.59-0.330.68
Click cells to compare fundamentals

Cathay General Account Relationship Matchups

Cathay General fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding80.2M79.8M78.6M74.7M72.9M59.9M
Total Assets18.1B19.0B20.9B22.0B23.1B24.2B
Total Stockholder Equity2.3B2.4B2.4B2.5B2.7B2.9B
Property Plant And Equipment Net138.2M133.9M127.2M124.4M123.2M77.4M
Net Debt700.0M187.7M58.8M463.8M535.7M302.4M
Retained Earnings1.7B1.8B2.0B2.2B2.5B2.6B
Cash179.7M138.6M134.1M195.4M174.0M164.1M
Non Current Assets Total2.7B3.2B4.3B2.3B22.1B23.2B
Non Currrent Assets Other(79.8M)(91.6M)(79.7M)(1.1B)19.0B20.0B
Other Assets13.3B13.4B13.0B16.9B19.1M18.2M
Cash And Short Term Investments2.0B2.5B3.6B2.6B828.8M930.5M
Net Receivables53.5M59.0M57.0M82.4M97.7M102.6M
Liabilities And Stockholders Equity18.1B19.0B20.9B22.0B23.1B24.2B
Other Stockholder Equity631.9M622.6M463.2M330.6M320.7M389.3M
Total Liab15.8B326.3M193.0M19.5B20.3B21.4B
Property Plant And Equipment Gross138.2M133.9M127.2M124.4M243.8M256.0M
Total Current Assets2.1B2.5B3.6B2.7B926.5M880.2M
Accumulated Other Comprehensive Income2.3M5.3M(3.1M)(102.3M)(85.4M)(81.1M)
Short Long Term Debt Total879.7M326.3M193.0M659.3M709.7M539.4M
Non Current Liabilities Total854.0M326.3M193.0M19.5B20.3B21.4B
Other Current Assets677.9M1.5B2.6B1.3B965.9M917.6M
Common Stock Total Equity898K900K906K909K1.0M690.7K
Common Stock900K906K909K911K914K715.7K
Other Liab215.7M175.5M180.5M306.1M352.0M369.6M
Accounts Payable14.7B16.1B18.1B18.5B21.3B22.3B
Short Term Investments1.9B2.3B3.4B2.4B2.3B1.4B
Inventory(677.9M)(1.5B)(2.6B)(1.3B)76.3M80.1M
Intangible Assets6.3M5.4M4.6M5.8M4.5M4.2M
Property Plant Equipment104.2M103.0M127.2M124.4M143.1M93.3M
Treasury Stock(282.2M)(318.5M)(342.1M)(509.2M)(458.3M)(435.4M)
Total Current Liabilities25.7M8.8B11.6B17.4B18.3B19.2B
Short Term Debt25.7M139.4M9.4M10.8M10.8M10.3M
Retained Earnings Total Equity1.5B1.7B1.8B2.0B2.3B1.3B
Other Current Liab(25.7M)8.7B11.6B17.4B18.3B10.8B
Net Tangible Assets1.9B2.0B2.1B2.1B2.4B1.8B
Capital Surpluse942.1M950.5M964.7M972.5M1.1B977.0M

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